Author

Topic: [ANN] Bitcoin Confidential - The Truly Fungible Cryptocurrency (Read 828 times)

newbie
Activity: 5
Merit: 0
Looking forward to seeing where this coin can go.
jr. member
Activity: 112
Merit: 7
Interesting project, I like the simpleness of the ANON feature. This should make blockchain analysis much harder.
newbie
Activity: 15
Merit: 1
Announcing Bitcoin Confidential Release 1.0.2

We have a new release to fix some minor issues and make the mnemonic wallet creation process much easier to understand. We have also added logical error messages for reasons why a staking node is not staking.

Please follow the guide on the release notes for upgrading from 1.0.0. Upgrades from 1.0.1 can just run installer or replace the binaries. Always a good idea to backup before updating. With wallet open, File - Backup Wallet.

https://github.com/Bitcoin-Confidential/BitcoinC-Core/releases/tag/v1.0.2
newbie
Activity: 107
Merit: 0
Hi Dev, add a SMART BC trade pair on other exchanges where your coin already exists
newbie
Activity: 3
Merit: 0
Nice to hear from the first official wallet update! Good to see there is some active work in this project Smiley I hope there are other big exchange listings to follow and, maybe, a coinmarketcap listing.

Waiting on the wallet update document  Smiley
newbie
Activity: 15
Merit: 1
Announcing the 1.0.1 Bitcoin Confidential release.

We have made many updates to make Bitcoin Confidential easier to use and work better.  This release changes the way the wallet.dat files work and defaults to mnemonic phrase creating of wallets.  We have made improvements to connecting and updated seeds to work correctly with IPV6 along with locking in chain parameters to help wallets with their initial sync.

This release will help answer the big question, when will I get a stake reward.  Check out the status tab and you will see the reward frequency estimate specific to the amount of coins you are hot or cold staking.  The stake splitting is also changing from 10k BC to 100K BC which will make stake rewards more consistent for those staking with more than 100k BC.  Wallets are not created by default, but for staking nodes we offer a script to download a wallet, create a wallet.dat, and show a stake address here:  https://github.com/Bitcoin-Confidential/BC-Script

We recommend creating new wallets with a mnemonic phrase and sending from from 1.0.0 wallets to the new 1.0.1 wallet.  This will allow simple wallet recovery with a mnemonic phrase.  This will also reset the stake sizes to the correct splits amount for more consistent staking rewards.  We will have a guide on transitioning from 1.0.0 to 1.0.1. released tomorrow.  (1.0.0 wallets can't be imported into 1.0.1 and seed phrases(if you did manually create one in 1.0.0) are not compatible between wallets.  Also imported keys will not be backed up with a seed recovery.)

Download the new wallets from Github here:
https://github.com/Bitcoin-Confidential/BitcoinC-Core/releases/tag/v1.0.1
Or from our website:
https://bitcoinconfidential.cc/wallets/

https://i.imgur.com/IWSxJrk.png
newbie
Activity: 15
Merit: 1
member
Activity: 128
Merit: 10
My simple concept idea for graphic designers:

member
Activity: 128
Merit: 10
BC is the ticker for the long established Blackcoin

Sorry, but the ticker for BlackCoin is BLK.
Look at here:
https://coinmarketcap.com/de/currencies/blackcoin/
member
Activity: 118
Merit: 11
BC is the ticker for the long established Blackcoin
member
Activity: 128
Merit: 10
member
Activity: 128
Merit: 10
newbie
Activity: 15
Merit: 1
BC is now traded on EXC Cripto.
Trading pair: BC / BTC


Exchange interface is available in English and Portuguese https://trade.exccripto.com/

https://twitter.com/exccripto/status/1125551615539404800
newbie
Activity: 15
Merit: 1
newbie
Activity: 15
Merit: 1
newbie
Activity: 15
Merit: 1
newbie
Activity: 15
Merit: 1
newbie
Activity: 15
Merit: 1
newbie
Activity: 15
Merit: 1
Bitcoin Confidential (BC) is now available on the Blockfolio app!

https://twitter.com/btconfidential/status/1123669488220692482
newbie
Activity: 23
Merit: 0
Bitcoin Confidential now live on Safe.Trade Exchange

https://imgur.com/FYFUggn
full member
Activity: 1288
Merit: 102
I hope you will have a higher rank soon to be able to put some images and forms in the ANN.

I participated in the airdrop, good to see you made an ANN.


Copper membership is good choice for this purpose this the fastest way to make visible images just paying some satoshis. Simply click on the more button and discover this membership.
sr. member
Activity: 728
Merit: 250
“A nexgen decentralized ride hailing ”
The official launch of the Bitcoin Confidential mainnet has occurred at Fri, 26 Apr 2019 22:19:44 GMT with an airdropped supply of approximately 7.36 billion BC.

holy crap thats alt of coins
sadly i missed this myself, i might have takin part for the hell of it
no ICO, open distro, makes it already better then 1/2 the garbage launched daily Tongue
oh well
Good Luck on your project


on the one hand, it is good, and it would be better to conduct a small ico or iso. would not prevent the development of new ideas

and it's right that they do not conduct ico, this is the last century and quite a failure. Yes it is possible to make iso on exchanges, at least to keep up with the times
full member
Activity: 560
Merit: 100
Change Your Worlds Build a New Era!
The official launch of the Bitcoin Confidential mainnet has occurred at Fri, 26 Apr 2019 22:19:44 GMT with an airdropped supply of approximately 7.36 billion BC.

holy crap thats alt of coins
sadly i missed this myself, i might have takin part for the hell of it
no ICO, open distro, makes it already better then 1/2 the garbage launched daily Tongue
oh well
Good Luck on your project


on the one hand, it is good, and it would be better to conduct a small ico or iso. would not prevent the development of new ideas
full member
Activity: 294
Merit: 100
I hope you will have a higher rank soon to be able to put some images and forms in the ANN.

I participated in the airdrop, good to see you made an ANN.
newbie
Activity: 15
Merit: 1
First announced more than a year ago as a SmartCash “sister coin”, with a focus on complete privacy, Bitcoin Confidential (BC) has launched the mainnet network.

https://i.imgur.com/qkHLMlg.png

All this time, the Bitcoin Confidential team has worked to implement various features and technologies to make transactions 100% anonymous and coins accordingly fungible. On April 26, 2019, the team officially announced that the testing / quality control phase has been successfully completed and the mainnet network has been launched.

Quote
The official launch of the Bitcoin Confidential mainnet has occurred at Fri, 26 Apr 2019 22:19:44 GMT with an airdropped supply of approximately 7.36 billion BC.
As of writing we are at block 54 on the mainnet. For the first 11000 blocks, staking rewards are 5% of normal to assist in a fair launch.

Key features

RingCT (Ring Confidential Transactions)
Proof-of-Stake Protocol v3.0
Latest Bitcoin codebase
Cold Staking
Private from block 1
Fair Launch


Bitcoin Confidential combines various functions to embody privacy from the first day for each user. Since privacy is an important part for any person, all people should be able to use “equally” valuable coins. Transaction history, recipient, and sender should not play a role when it comes to the value of coins. Bitcoin Confidential removes the boundaries between “these” and “other” coins by using RingCT technology to hide transaction data and privacy from the first block.

Airdrop

A portion of the overall Bitcoin Confidential supply is initially distributed by airdrop to SmartCash users. All SmartCash holders who had coins on their addresses (where they own private keys) at the time of the snapshot will receive BC coins in the ratio 1 SMART = 10 Bitcoin Confidential. This distribution does not include SmartCash treasury addresses.
There are currently 736 Million eligible SmartCash which will provide an airdrop of 7.36 Billion Bitcoin Confidential. The maximum supply is capped at 9.6 Billion BC.

https://i.imgur.com/soZv04o.png

Security reminder: Please never share your private keys or mnemonic phrases with anyone, it threatens the safety of your funds. Private keys will be used once to sign a transaction directly on the Bitcoin Confidential wallet.

Learn more about the airdrop and process of creating a wallet/import of private keys in #helpful_links section on the Discord server.

Through the wallet, users will be able to start the staking process: directly on the wallet and using VPS (cold staking).

A few screenshots of the wallet before you see it with your own eyes:

https://i.imgur.com/8uwH3EU.png

https://i.imgur.com/rvVzOXD.png

Get support 24/7, set up staking on VPS and any other questions – you can always get it on Discord server.

Useful links:

Official websitehttps://bitcoinconfidential.cc/
GitHubhttps://github.com/Bitcoin-Confidential
Discordhttps://discordapp.com/invite/bwZqdGn
Twitterhttps://twitter.com/btconfidential
Reddithttps://www.reddit.com/r/bitcoinconfidential/
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
The official launch of the Bitcoin Confidential mainnet has occurred at Fri, 26 Apr 2019 22:19:44 GMT with an airdropped supply of approximately 7.36 billion BC.

holy crap thats alt of coins
sadly i missed this myself, i might have takin part for the hell of it
no ICO, open distro, makes it already better then 1/2 the garbage launched daily Tongue
oh well
Good Luck on your project

newbie
Activity: 15
Merit: 1
The official launch of the Bitcoin Confidential mainnet has occurred at Fri, 26 Apr 2019 22:19:44 GMT with an airdropped supply of approximately 7.36 billion BC.
newbie
Activity: 15
Merit: 1
Hello,

Can you post links to your team member's professional profile?  Thanks.

Some members of the SmartCash team are involved in this project, you can get more information on the official website (https://smartcash.cc/)
Also here you can learn more about the connection between these two projects - https://smartcash.cc/announcing-the-airdrop-and-release-of-bitcoin-confidential/
sr. member
Activity: 392
Merit: 892
Hello,

Can you post links to your team member's professional profile?  Thanks.
newbie
Activity: 15
Merit: 1
https://i.imgur.com/dli3wwj.jpg

Bitcoin Confidential is a fully fungible cryptocurrency. As transactions are confidential, it’s impossible to link coins to historical transactions that can potentially lower their value. As a result of this, all Bitcoin Confidential coins are always worth the same.

Brief specifications and technologies

Bitcoin Confidential is a privacy coin that only sends 100% private transactions.

Ticker: BC
Blocktime: 1 minute
Blocksize: 1 MB
Max Supply: 9.6 Billion
Sending Technology: RingCT

Staking Technology: Hot Staking and Cold Staking
Staking Confirmations: before spendable 100 blocks
Staking Period: 225 blocks
Staking connection supported: IPv4, IPv6, Tor

https://i.imgur.com/zXLOibx.png

Port: Mainnet 9789

Testnet 19789

Regtest 29789


Rpcport: Mainnet 9790

Testnet 19790

Regtest 29790


RingCT (Ring Confidential Transactions) technology hides the sender and recipient data, as well as amounts, for all transactions in blockchain. This technology allows full confidentiality for each member of the network.

POS-algorithm allows any member of the network to participate in the process of generating new blocks and validating transactions to receive rewards. For hot staking, the user needs to keep their wallet online, while cold staking allows funds to be offline while a remote node stakes for you.

Bitcoin Confidential is the only Bitcoin code based 100% anonymous spending cryptocurrency. This makes it easier to adopt in exchanges and 3rd parties than cryptonote based coins.

Bitcoin Confidential creates a new class of privacy coins, allowing all coins to be fungible and any member of the network to keep their privacy. Unlike other privacy coins with limited privacy features, Bitcoin Confidential has 100% anonymous transactions. Bitcoin Confidential has privacy enabled all the way from the first block. Compared with coins like Dash, Zcash, Komodo, Pivx, and Zcoin, all of which have privacy as an optional feature, it isn’t trivial to reject transactions that are private.

Comparison of the most popular privacy coins and Bitcoin Confidential:

https://i.imgur.com/WVaNgQA.png

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